Hogan Lovells

Key Dates

Various regulation making powers under the Pension Schemes Act 2021 in force on 31 May 2021.

Pension Schemes Act 2021 (Commencement No. 1) Regulations 2021/620 made on 24 May 2021.


Summary

Certain provisions of the Pension Schemes Act 2021 came into force on 31 May 2021, including section 124 (climate change risk) and section 126 (which impacts the calculation of compensation from the Pension Protection Fund (PPF) where a member has transferred in benefits).

In addition, various regulation making powers under the Act came into force on 31 May 2021, including power to make regulations in relation to:



Date Accessed: 28/05/2022